Cameroon is the largest middle-income country in Central Africa with a relatively diversified economy (agriculture, forestry, raw material extraction and some transformation industry) and a dynamic private sector.
In spite of Cameroon's very significant endowments in natural resources and a well-educated elite, economic growth (around 3-4%) has been lagging behind the rates achieved by other African countries and large parts of the country remain very poor. Security threats are also increasing, mainly on the northern borders.
The programming for Cameroon is based on the assessment made by the European Union, concerning its policies towards the partner country for the period 2021-2027. It emphasizes Cameroon’s key role in peace and stability in the sub-region, both as an important pillar of the security and economic stability in Lake Chad regions and as part of the Congo Basin, the second green lung of the world.
A deterioration of the political and security situation or the economic development of Cameroon would have a negative impact at the sub-regional level, affecting the interests of the EU and the Member States in terms of peace and security and the sustainable management of natural resources.
The three proposed priority areas for the MIP are the following:
Governance, democratization, peace, and stabilization
This priority will be supporting the acceleration of decentralization, to prompt a gradual correction of territorial inequalities and better territorial management, as well as building conflict management and peacebuilding in crisis areas.
We will also support efforts to improve economic and financial governance based on concrete points of reference toward transparent management and credible public finances in line with international standards.
Inclusive growth and sustainable jobs
We respond to the need for major reforms and improved economic governance to ultimately achieve the annual growth rates necessary to exit most of the population out of poverty. Given these challenges, support for growth inclusiveness and the creation of sustainable jobs driven by a resilient and formal private sector appears essential.
Green Deal: sustainable development and climate action
In line with the priority of the European Union on the Green Pact, it is proposed that Cameroon supports a green transition and access to clean energy that can fuel sustainable economic growth. To do this, the following three sectors will be prioritized:
- Sustainable cities, mobility, and connectivity
- Rural development and sustainable agriculture, biodiversity conservation, and resource management of natural resources in general and forests in particular.
- Transition to Green energy.
The Multiannual Indicative Programme (MIP) for Cameroon for 2021-2024 amounts to €178 million.
Priority area 1: ‘’Governance, democratization, peace, and stabilization’’ supports the implementation of a decentralization process, improving and reforming public administration at various levels to place it at the service of citizens. It further enhances resilience, inclusion, social cohesion, and peaceful coexistence and promotes citizen participation through an inclusive approach, giving individuals the opportunity to act as authors of change.
Priority area 2: ‘’Inclusive growth and sustainable jobs’’ strengthens vocational and technical training adapted to the needs of the job market, including digital skills, promoting the integration of young people, women, and vulnerable groups, including migrants, and supporting their capacities to start their own generative activity of income. In addition, it contributes to the emergence of an attractive investment and business environment that creates a fair legal framework for stakeholders and supports the formalization and competitiveness of Cameroonian MSMEs.
Priority area 3: ‘’Green Deal: sustainable development and climate action’’ supports the economic and social development of cities while reducing their impact on the environment and climate per capita and increasing their resilience to climate change. Moreover, it ensures the sustainable development of rural territories by guaranteeing inclusive growth and responsible use of natural resources and assists Cameroon in the decarbonization of its economy.
To support the integrated engagement capacities of civil society in relation to the major EU priority areas, targeted support will be provided to reinforce networks and platforms of civil society. These include strengthening their operation and intervention capacities in the said fields. Furthermore, it will forward their mobilization, advocacy, and communication capacities to develop their potential analysis of public policies and influence reforms, activism, and commitment to these themes.